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Microcap & Penny Stocks : Microvision (MVIS) -- Ignore unavailable to you. Want to Upgrade?


To: kili who wrote (1713)11/27/1998 11:07:00 AM
From: William  Respond to of 7720
 
Kim:
Your question <<In other stocks, there is talk about tax related selling as we approach the end of the year. Should we expect that with MVIS? I'd like your opinion on the topic.>>

Usually, tax selling is only related to losses, not gains. In reviewing the charts, MVIS only traded above its current level of 12
between 8/27/97 and 6/11/98. So if the stock stays at or above the current price of 12, only those folk that purchased between those dates would have any loss to want to sell. If they have held this far, all the way down and back up to 12, I doubt that many would be the type that are now looking for a tax loss sale. Therefore, I doubt there will be much tax loss selling on our favorite stock.
William



To: kili who wrote (1713)11/27/1998 4:10:00 PM
From: icecreambug  Read Replies (5) | Respond to of 7720
 
For investors, $3500 is the maximum for claiming investment loss each year. More than that will be transferred to the following year. Also, you cannot claim that if you buy back within 30 days. Am I right???

More good news are expected for MVIS such as financing, research report, more delivery of the prototype, demonstration of LED VRD, ... (according to my speculation). So, very probably there won't be tax selling for MVIS.